If the exploration studies indicate the potential for an economical mine, the project moves into development. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. Conference ID: 1983877 Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm to be materially different from future results, performances or achievements expressed or implied by such statements. Sandstorm has included certain performance measures in this press release that do not have any standardized meaning prescribed by International Financial Reporting Standards (“IFRS”) including average cash cost per attributable gold equivalent ounce, average realized gold price per attributable gold equivalent ounce, cash operating margin, and cash flows from operating activities excluding changes in non-cash working capital. Get stock quotes, news, fundamentals and easy to read SEC and SEDI insider filings. This decrease was partially offset by an increase in royalty revenue from the Aurizona mine in Brazil and the Fruta del Norte mine in Ecuador. These attributable gold equivalent ounces when combined with the gold ounces sold from the Company’s gold streams equal total attributable gold equivalent ounces sold and may be subject to change. When gold is discovered on a property, there are a number of stages that it must go through before it can become a cash-flowing mine. Similar to a music royalty, a gold royalty is simply a contract that gives the owner (i.e. Construction requires lots of capital, which can be partially funded through a royalty or stream financing. Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a … The content of the article continues Notes on future outlook information This press release contains “forward-looking statements” in the sense of the Securities Act of 1933, the Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995, and the applicable Canadian Securities Act. Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or the "Company") (NYSE: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 52,200 attributable gold equivalent ounces 1 and realized preliminary record revenue 2 of $93.0 million for the full 2020 year.. During the three months ended December 31, 2020, the Company sold … Disclosure of contained ounces are or may be permitted disclosure under regulations applicable to Sandstorm; however, the SEC normally only permits issuers to report resources as in place tonnage and grade without reference to unit of production measures. This news release is not an offer to sell or the solicitation of an offer to buy the Common Shares in the United States, and the issuance of Common Shares upon exercise of the Warrants in the United States is subject and pursuant to the Registration Statement (effective April 20,2020) and Prospectus Supplement (dated October 13, 2020) which forms a part. ABOUT SANDSTORM GOLD ROYALTIES. The presentation of this non-IFRS measure is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. CAPITAL MARKETS Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Designated News Release. A royalty owner receives payment as a percentage of the revenue from the mine. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Sandstorm will operate in the future, including the price of gold and anticipated costs. Accordingly, readers should not place undue reliance on forward-looking statements. Average cash cost per attributable gold equivalent ounce is calculated by dividing the Company’s cost of sales, excluding depletion by the number of attributable gold equivalent ounces sold. VANCOUVER, BC / ACCESSWIRE / November 21, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE American:SAND, TSX:SSL) is pleased to provide recent development and exploration updates from the Company's royalty properties and an update on the share buyback program. Sandstorm has acquired a portfolio of 187 royalties, of which 20 of the underlying mines are producing. Sandstorm Gold Royalties Announces Record Revenue in 2020. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Sandstorm to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact of general business and economic conditions, the absence of control over mining operations from which Sandstorm will purchase gold, other commodities or receive royalties from, and risks related to those mining operations, including risks related to international operations, government and environmental regulation, actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined, risks in the marketability of minerals, fluctuations in the price of gold and other commodities, fluctuation in foreign exchange rates and interest rates, stock market volatility, as well as those factors discussed in the section entitled “Risks to Sandstorm” in Sandstorm’s annual report for the financial year ended December 31, 2019 and the section entitled “Risk Factors” contained in the Company’s annual information form dated March 30, 2020 available at www.sedar.com and most recent annual report filed on Form 40-F with the SEC on www.sec.gov. Attributable gold equivalent ounces sold 1 of 12,068 ounces (Q3 2019 — 17,289 ounces); www.minesandmetals.com. KIM BERGEN Each Warrant entitles the holder thereof to purchase one common share of Sandstorm (the “Common Shares”) at a price of US$4.00.